Halcon Resources Corp (HK) Files 10-K for the Fiscal Year Ended on December 31, 2017
- By insider
Halcon Resources Corp (HK) files its latest 10-K with SEC for the fiscal year ended on December 31, 2017. Halcon Resources Corp is an independent oil and natural gas company. It is engaged in the acquisition, production, exploration and development of onshore liquids-rich oil and natural gas assets in the United States. Halcon Resources Corp has a market cap of $844.130 million; its shares were traded at around $5.65 with a P/E ratio of 1.32 and P/S ratio of 2.10.
Warning! GuruFocus has detected 3 Warning Signs with HK. Click here to check it out.
The intrinsic value of HK
For the last quarter Halcon Resources Corp reported a revenue of $97.0 million, compared with the revenue of $0.00 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $378.0 million, an increase of -100% from last year. For the last five years Halcon Resources Corp had an average revenue decline of 0% a year.
The reported diluted earnings per share was $3.65 for the year. The Halcon Resources Corp enjoyed an operating margin of 189.28%, compared with the operating margin of 0% a year before. The 10-year historical median operating margin of Halcon Resources Corp is -11.97%. The profitability rank of the company is 4 (out of 10).
At the end of the fiscal year, Halcon Resources Corp has the cash and cash equivalents of $424.1 million, compared with $0.02 million in the previous year. The long term debt was $409.2 million, compared with $964.7 million in the previous year. Halcon Resources Corp has a financial strength rank of 6 (out of 10).
At the current stock price of $5.65, Halcon Resources Corp is traded at 45.2% premium to its historical median P/S valuation band of $3.89. The P/S ratio of the stock is 2.10, while the historical median P/S ratio is 1.44. The stock lost 32.58% during the past 12 months.
Directors and Officers Recent Trades:
Director, 10% Owner Management Llc Ares bought 1,113,466 shares of HK stock on 02/09/2018 at the average price of $6.9. The price of the stock has decreased by 18.12% since.
For the complete 20-year historical financial data of HK, click here.
This article first appeared on GuruFocus.
Warning! GuruFocus has detected 3 Warning Signs with HK. Click here to check it out.
The intrinsic value of HK
